All Forum Posts by: Michael Salin

Thanks Percy. I would like to look into syndication options. Any idea how I could get involved with that in and around Philadelphia?

Anywhere from quads to 20 units. I should mention, currently I own commercial properties where my personal business is the tenant. Each property is held in an LLC and the business pays rent to the LLC. Each of these properties provide me $4500 - 5000 per month after debt service . These have been very profitable and now I have been contemplating getting into the residential rental market for more passive income but I am finding that unless I make a rather large substantial investment it will be difficult to throw off those types of returns. Any suggestions where to start?

thanks for your response. I was just researching suburban areas to purchase units to rent.  

What are the best areas in Southeastern PA to begin purchasing multi family properties?  I see many members from Southeastern PA (Montgomery, Bucks, Delaware Counties) and wondering if any of these counties surpass Philadelphia as stable rental markets.